(a) Injunctions. -- Whenever it appears to the commissioner
that any person or any director, officer, employee or agent
thereof has committed or is about to commit a violation of this
article or of any rule, regulation or order issued by the
commissioner hereunder, the commissioner may apply to the circuit
court for an order enjoining such person or such director,
officer, employee or agent thereof from violating or continuing
to violate this chapter or any such rule, regulation or order,
and for such other equitable relief as the nature of the case and
the interests of the insurer's policyholders, creditors and
shareholders or the public may require.

(b) Voting of securities: when prohibited. -- No security
which is the subject of any agreement or arrangement regarding
acquisition, or which is acquired or to be acquired, in
contravention of the provisions of this article or of any rule,
regulation or order issued by the commissioner hereunder may be
voted at any shareholders' meeting, or may be counted for quorum
purposes, and any action of shareholders requiring the
affirmative vote of a percentage of shares may be taken as though
such securities were not issued and outstanding; but no action
taken at any such meeting shall be invalidated by the voting of
such securities, unless the action would materially affect
control of the insurer or unless the courts of this state have so
ordered. If an insurer or the commissioner has reason to believe
that any security of the insurer has been or is about to be acquired in contravention of the provisions of this article or of
any rule, regulation or order issued by the commissioner
hereunder the insurer or the commissioner may apply to the
circuit court to enjoin any offer, request, invitation, agreement
or acquisition made in contravention of section four of this
article, or any rule, regulation or order issued by the
commissioner thereunder to enjoin the voting of any security so
acquired, to void any vote of such security already cast at any
meeting of shareholders, and for such other equitable relief as
the nature of the case and the interests of the insurer's
policyholders, creditors and shareholders or the public may
require.

(c) Sequestration of voting securities. -- In any case
where a person has acquired or is proposing to acquire any voting
securities in violation of this article or any rule, regulation
or order issued by the commissioner hereunder, the circuit court
may, on such notice as the court deems appropriate, upon the
application of the insurer or the commissioner seize or sequester
any voting securities of the insurer owned directly or indirectly
by such person, and issue such orders with respect thereto as may
be appropriate to effectuate the provisions of this article.
Notwithstanding any other provisions of law, for the purposes of
this article, the situs of the ownership of the securities of
domestic insurers shall be deemed to be in this state.